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Trust Wallet Extension Update Confirms 2596 Wallet Milestone, Claims Surge to 5000

Trust Wallet Extension Update Confirms 2596 Wallet Milestone, Claims Surge to 5000

Published:
2025-12-29 07:30:00
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Trust Wallet's latest extension update isn't just a patch—it's a statement. The numbers tell the story: 2596 wallets confirmed, with claims reportedly hitting 5000. That's not growth; that's a land grab.

Behind the Code

Forget vague promises of "enhanced security" or "improved UX." This update delivers concrete metrics that developers and degens actually care about. It's building infrastructure while the competition is still writing whitepapers.

The Real Test

Scaling from a few hundred to thousands of active wallets exposes every flaw in a system. The fact that Trust Wallet is broadcasting these figures suggests confidence—or a spectacularly timed bluff. In crypto, traction often speaks louder than tokenomics.

Why This Matters Now

The browser extension battlefield is heating up. As regulatory scrutiny grows on centralized exchanges, self-custody tools are becoming the front line. Every new wallet secured is a user that won't be going back to a custodial service—at least, not without a fight.

A cynical observer might note that in traditional finance, you'd need a prospectus the size of a phone book to make claims like these. In web3, you just need a GitHub commit and a bold tweet. The update works until it doesn't.

Overview of the Trust Wallet Browser Extension Security Incident

Trust Wallet CEO Eowyn Chen has released a fresh update regarding the browser extension v2.68 supply-chain security breach, which occurred between December 24 and 26, 2025. The compromised update resulted in the unauthorized draining of more than $6 million from user wallets, making it one of the more significant wallet-related incidents of the year.

According to the latest findings, 2,596 wallet addresses have been conclusively identified as impacted by the breach. The incident was linked specifically to the browser extension version 2.68, prompting Trust Wallets to advise users to immediately stop using the affected version.

Trust Wallet Browser Extension Security Incident

Source: Eowyn Chen 

Compensation Claims Face Verification Challenges

The platform has verified the number of affected wallets, but the reimbursement procedure has been complicated. The company has been subjected to about 5,000 compensation claims, which is way beyond the number of confirmed victims.

Eowync.eth claimed that a large percentage of these claims are either fake or duplicate claims, and they are trying to take advantage of the compensation system. Consequently, it is focusing more on accuracy rather than speed to make sure reimbursements are only made to the legitimate victims.

The team is authenticating the ownership of wallets through several points of data, an operation that aims at eliminating bad actors and protecting the claims of honest users.

Parallel Running of Forensic Investigation.

The platform is also engaged in a comprehensive forensic investigation into the breach, in addition to compensation efforts. The company has confirmed that Google has escalated its request, and Chrome Web Store audit logs are expected soon, which could provide further insight into how the compromised update was distributed.

Additionally, devices from remote workers are being shipped to Trust Wallet’s security team for deeper inspection. Although a few logistical delays are still present, the investigation is said to be going on with already strong working hypotheses on a number of cases.

Trust Wallet Breach investigation

Source: X

User Safety Measures and Next Steps

In order to avoid additional losses, the Trust Wallet browser extension now shows warning messages on the affected devices, reminding users to migrate and abandon the affected wallets as soon as possible. Users who fail to notice the alert are said to be not affected and do not need any action.

Nevertheless, it has been stated again that user funds are not at risk, and that there is no current risk other than the affected version of the extension.

Further updates on both the investigation and compensation process are expected as early as tomorrow, continues to address one of the most challenging supply-chain security incidents in recent crypto history.

Disclaimer: All the details mentioned above are truly based on the given facts by official websites and accounts (already mentioned above). Please DYOR before investing. CoinGabbar is not responsible for any financial losses. Crypto assets are highly volatile, and you can lose your entire investment.

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